A record 27,700 Bitcoin was sent to ‘accumulation addresses’ on April 16, as the price of Bitcoin tumbled below $63,000.
Cryptocurrencies News
The cryptocurrency paradigm was heralded by the launch of Bitcoin (BTC) in 2008, inspiring a new technological and social movement. The goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security.
A cryptocurrency monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties such as central banks, corporations or governments. Cryptocurrencies are powered by cryptographically secure, verifiable transaction databases called blockchains, which provide their security and transparency.
A cryptocurrency network consists of a global community of stakeholders, including the validators that secure the network while adding transactions to the blockchain, the traders who speculate on these radically market-driven assets, and the builders working to onboard people to this new financial paradigm.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
- 94
Bitcoin bears celebrate as demand for leveraged long positions hits a six-month low, but crypto traders on X think it's time to go long.
4789The Runes protocol will launch when Bitcoin's halving takes place, and a wave of new tokens will ignite a new season for the world's largest blockchain.
1690Bitcoin price is up today, rallying above $63,000 as on-chain data shows BTC accumulation wallets increasing their balance.
721The airdrop was announced one year after Avail was spun-off from Polygon Labs.
2713Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
1577Dogecoin price readies for a recovery as the wider crypto market recovers and traders buy more DOGE on the dips.
340With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.
3614Despite potential price fluctuations on different trading venues, USDP will always remain redeemable for $1 on Paxos, a spokesperson told Cointelegraph.
1766According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.
1076The full regulatory license could turn the tides for Binance, which has been under intense regulatory scrutiny for at least two years.
3889Yuga Labs has sold off the intellectual property rights of two of its games to Web3 gaming firm Faraway.
2349Solana price is down 21% in a week, but on-chain and derivatives data highlights investors’ confidence that the network can overcome recent hurdles.
7292Excitement around the upcoming Bitcoin halving has seen a continued increase in searches for the term on Google.
9212Thanks to the ICO busts of 2018 and the SEC's newfound attention for a raft of altcoins, scrutiny of new projects has become much higher than in the past.
1485